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Qualcomm Inc

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  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn, who often moves a stock simply by speaking its name, on Monday kicked off the year's most prominent investment conference by laying out a case against oil frackers, arguing these companies drill "lots and lots of holes" and burn through plenty of cash. Einhorn, who often unveils so-called short-bets...

  • NEW YORK, May 4- Billionaire hedge fund manager David Einhorn kicked off the 20th annual Sohn Investment Conference in New York on Monday by laying out his case against oil frackers, arguing that these companies drill "lots and lots of holes" and burn through plenty of cash. Activist investor Barry Rosenstein discussed two investment ideas that were already well...

  • NEW YORK, May 4- The annual Sohn Investment Conference in New York City kicked off on Monday, drawing thousands of portfolio managers, asset allocators and private investors. Alliance, QCOM.O value in WBA;. shares, says stock "a great way to play the urbanization and growth of the middle class in China".

  • Taiwan's UMC to expand China customer base via JV factory Wednesday, 29 Apr 2015 | 6:44 AM ET

    TAIPEI, April 29- Taiwan's United Microelectronics Corp, the world's No.2 contract chip maker, intends to expand its customer base in China via its joint venture factory with the Fujian Province government, company executives said Wednesday. UMC broke ground on the factory last month in a joint ceremony with government officials and major client Qualcomm Inc,...

  • MELBOURNE, April 24- Apple Inc managed to frustrate gadget lovers and investors desperate to find out the components of its new smartwatch on Friday, encasing its chips in tough resin and using rare screws to thwart people trying prise it apart. The iFixit team, which travelled from San Luis Obispo to Australia to get its hands on one of the first Apple Watch...

  • April 24- Fifteen years and 31 trading days. A lot has changed- Apple Inc, now the most highly valued U.S. public company, had a meager $4.49 share price and certainly was not on Wall Street's hot list. Nasdaq value April 23 2015 March 2000 $8.2 trillion $6.6 trillion Nasdaq P/E April 2015 March 2000.

  • April 23- U.S. stock index futures fell on Thursday as investors digested results from tech heavyweights, disappointing economic data from the euro zone and China, and ahead of weekly U.S. jobless claims figures. *European shares fell after growth in Germany's private sector slowed and French business activity barely grew in April, while factory activity in...

  • HONG KONG, April 23- Chinese telecom gear manufacturer ZTE Corp has published a letter accusing Huawei Technologies Co Ltd of copying its camera technology and threatened legal action, a sign that smartphone patent battles have begun in earnest in China. Patent battles among Chinese smartphone manufacturers are expected to rise in the wake of Qualcomm Inc's...

  • China fines Mercedes $57 million in price-fixing probe Thursday, 23 Apr 2015 | 12:24 AM ET

    BEIJING— A Chinese regulator said Thursday it has fined Mercedes Benz 350 million yuan on price-fixing charges in a wide-ranging probe of the auto industry that has prompted complaints foreign automakers are being treated unfairly. The unit of Germany's Daimler AG was fined for violating anti-monopoly law by enforcing minimum prices dealers were...

  • Qualcomm slumps aftermarket on reduced outlook Wednesday, 22 Apr 2015 | 4:27 PM ET

    Qualcomm is now forecasting an adjusted profit of $4.60 to $5 per share and $25 billion to $27 billion in revenue for its current fiscal year, which ends in September. In February, Chinese regulators fined Qualcomm about $975 million, saying it charged companies unreasonable license fees. Excluding the fine and other one-time charges Qualcomm said it earned...

  • Chipmaker Qualcomm's quarterly profit plunges 46 pct Wednesday, 22 Apr 2015 | 4:12 PM ET

    April 22- Mobile chip maker Qualcomm Inc's quarterly profit plunged 46 percent as it lost a key customer and its highly profitable licensing business suffered due to a Chinese government probe into its anti-competitive practices. Net income attributable to Qualcomm fell to $1.05 billion, or 63 cents per share in the second quarter ended March 29 from $1.96...

  • Wall Street edgy amid blue-chip earnings Wednesday, 22 Apr 2015 | 9:11 AM ET
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    U.S. stock index futures pointed to a flat to higher open on Wednesday, ahead of more major earnings releases and some key housing data.

  • Searching for corporate sales amid housing data Wednesday, 22 Apr 2015 | 5:59 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Earnings retain the spotlight on Wednesday, with several more blue chips and technology heavyweights set to report.

  • SHENZHEN, China, April 22- China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei's rotating chief executive Eric Xu told Reuters on Tuesday. Xu's remarks are a rare example of a top Chinese CEO openly questioning the direction of Beijing's information...

  • Huawei CEO: China cybersecurity rules could backfire Tuesday, 21 Apr 2015 | 7:46 PM ET

    China can only ensure its information security in the long run if it keeps its market open to the best technology products, foreign or domestic.

  • Will cell towers soon become obsolete? Tuesday, 21 Apr 2015 | 7:20 PM ET

    Advances in wireless technology could see cell towers become a thing of the past, according to telecommunications experts.

  • What traders are focusing on ahead of housing data Tuesday, 21 Apr 2015 | 5:36 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Earnings retain the spotlight on Wednesday, with several more blue chips and technology heavyweights set to report.

  • Travelers, DuPont and IBM shares weighed on the Dow Jones industrial average. IBM also mentioned currency effects when it reported a fall in revenue late on Monday. DuPont ended the session 2.95 percent lower at $70.69 and IBM fell 1.14 percent to $164.26.

  • SHENZHEN, China, April 21- China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei's rotating chief executive Eric Xu told Reuters on Tuesday. Xu's remarks are a rare example of a top Chinese CEO openly questioning the direction of Beijing's information...

  • SEOUL, April 21- U.S. chip maker Qualcomm Inc plans to have its next-generation Snapdragon 820 mobile processors manufactured by Samsung Electronics Co Ltd, tech news website Re/code reported, citing unnamed sources. The report, dated April 20, did not say whether Qualcomm was looking at other manufacturers for the 820 processor besides Samsung.